Weekly Analysis

Weekly AnalysisLesson 1 of 114 min read

Two steps

What the weekly pass is, when it happens, and the two steps it runs in, both of which use tools you already have.

Weekly analysis is one pass, done before the week starts. It has two steps and they always run in that order.

When it happens

On the weekend, before Monday. The markets are closed, nothing is moving, and there is no open position to argue with the reading.

The week gets read before it starts, not during it.

Why the weekend

Nothing you write on a Sunday is influenced by an open position, by Friday's loss, or by a chart moving in front of you.

Module 29 applied the same rule to the plan itself. It gets edited on a day you are not trading.

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